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Everest Consolidator Acquisition Corporation Stock Price, News & Analysis

MNTN NYSE

Welcome to our dedicated page for Everest Consolidator Acquisition Corporation news (Ticker: MNTN), a resource for investors and traders seeking the latest updates and insights on Everest Consolidator Acquisition Corporation stock.

Everest Consolidator Acquisition Corporation (MNTN), a special purpose acquisition company (SPAC), provides investors with critical updates on its pursuit of strategic business combinations. This centralized resource aggregates official announcements, regulatory filings, and market developments related to the company's acquisition strategy.

Track comprehensive updates including potential merger targets, SEC filings, and partnership announcements. Investors gain access to primary source materials including quarterly disclosures, investor communications, and material event reports – all essential for evaluating this SPAC's progress in identifying high-growth acquisition opportunities.

The news hub maintains strict adherence to factual reporting, featuring verified press releases and regulatory documents. Content spans acquisition target evaluations, leadership updates, and filings with financial authorities. Regular updates ensure stakeholders stay informed about developments impacting MNTN's position in the SPAC marketplace.

Bookmark this page for streamlined monitoring of Everest Consolidator's business activities. Combine this resource with fundamental analysis tools to assess the company's progress in executing its stated mandate of creating shareholder value through strategic acquisitions.

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Everest Consolidator Acquisition Corporation (NYSE:MNTN) announced a deposit of $1,725,000 made by the Everest Consolidator Sponsor, LLC into its trust account on February 28, 2023. This deposit, amounting to $0.10 per public share, extends the company's timeline to finalize its initial business combination by three months to May 28, 2023. In return, the company issued 1,150,000 private placement warrants at $1.50 each. The Board of Directors approved this extension, which is the first of two possible extensions under the governing documents. Stockholders do not have voting rights or redemption options regarding this extension.

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Everest Consolidator Acquisition Corporation announced that from January 14, 2022, holders of Units from its initial public offering can separately trade shares of Class A common stock and redeemable warrants. The Class A common stock will trade under the ticker symbol MNTN, while redeemable warrants will trade under MNTN WS. Units that remain unseparated will continue to trade as MNTN.U. Investors are advised to contact American Stock Transfer & Trust Company for separation. The offering was managed by BofA Securities.

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Everest Consolidator Acquisition Corporation has successfully completed its initial public offering (IPO), raising $172,500,000 by offering 17,250,000 units at $10.00 each. The IPO included the full exercise of the underwriter's over-allotment option. Trading began on the NYSE under the ticker symbol 'MNTN.U' on November 24, 2021. Each unit consists of one share of Class A common stock and a redeemable warrant, which allows the purchase of additional shares at $11.50 per share. BofA Securities acted as the sole book-running manager.

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Everest Consolidator Acquisition Corporation announced the pricing of its initial public offering (IPO) of 15,000,000 units at $10.00 each, set to trade under ticker symbol MNTN.U on NYSE starting November 24, 2021. Each unit comprises one share of Class A common stock and one-half of a redeemable warrant. The offering will close on November 29, 2021. BofA Securities serves as the sole book-running manager and holds a 45-day option for 2,250,000 additional units. The Company focuses on wealth management mergers and acquisitions.

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FAQ

What is the current stock price of Everest Consolidator Acquisition Corporation (MNTN)?

The current stock price of Everest Consolidator Acquisition Corporation (MNTN) is $11 as of February 18, 2025.

What is the market cap of Everest Consolidator Acquisition Corporation (MNTN)?

The market cap of Everest Consolidator Acquisition Corporation (MNTN) is approximately 131.9M.
Everest Consolidator Acquisition Corporation

NYSE:MNTN

MNTN Rankings

MNTN Stock Data

131.91M
27.93k
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